| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $83M | $81M | -1.6% | 1.3% |
| Op. Income | -$6M | -$7M | -$9M | 22.6% | 36.7% |
| Gross Margin | 43.9% | 44.9% | 43.2% | -1.0pp | 0.7pp |
| Net Margin | -6.4% | -9.3% | -11.0% | 2.9pp | 4.5pp |
| EPS (Diluted) | $-0.21 | $-0.30 | $-0.35 | 30.0% | 40.0% |
| Free Cash Flow | -$4M | $2M | -$8M | -321.0% | 57.0% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $368.0K |
| General & Administrative | $41M |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $87M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $416.0K |
| Other Income/Expenses | $406.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $89.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $4M |
| EBIT | -$4M |
| EBITDA | -$286.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $618.0K |
| Deferred Income Tax | $116.0K |
| Other Non-Cash Items | $187.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $69.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$329.0K |
| Common Stock Repurchased | -$7.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$7.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $25M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $101M |
| PP&E (Net) | $110M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | -$4M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $159M |
| TOTAL ASSETS | $260M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $329.0K |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $148M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $257M |
| Retained Earnings | -$47M |
| Treasury Stock | -$97M |
| Accum. Other Comp. Income | -$199M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $112M |
| Minority Interest | $0 |
| TOTAL EQUITY | $112M |
| TOTAL LIABILITIES & EQUITY | $260M |
| Total Debt | $41M |
| Net Debt | -$12M |
